Dec 5, 2012 8:00am PST
,000 jobs last month. economists were expecting more than that. at some point through superstorm sandy and how that may have impacted the results in the northeast or the adp report is seen as an indicator for jobs report. we were given new unemployment rate that i can share with you. greg: citigroup says it is cutting 11,000 jobs. about 40% of the global workforce. this they are expected to save $1.1 billion per year, and is the first major action since the banking giant named a new ceo. the group is not saying exactly how many of these lost jobs will be here in the united states are you with that they plan to close 44 branches. we do pretty big news from citigroup. republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now t
Dec 8, 2012 7:00am PST
for money on behalf of the states hardest hit by superstorm sandy. president is requesting more in a joint statement, new and new jersey governor chris christie say, the money will help their states rebuild. they also say the money will region from future storms. both governors recently went to washington to lobby >> it has been 71 years since the attack on pearl harbor. bringing the u-s into world war two. coast guard island. gathered to honor those who were killed in the attack that killed about 24-hundred people. the local ceremony included a 21 gun salute. >> what a time to be out watching movies! >> they have to be out there because of the academy awards. they're hoping to go home with gold i have some great movies. and movies. gerard butler in playing for keeps.. the month when jan wahl that- >> andzero dark thirty with kathryn bigelow and those are not coming out for a couple of weeks but first, let me talk about this one there are so many good ones right now. first, let us get rid of playing for keeps. gerard butler is promising but it does not seem to pan out. it looks like he's
Dec 6, 2012 11:30pm PST
fell to 370,000. claims had temporarily spiked last month after superstorm sandy. analysts say the effects of the storm are still being seen in the four week average which stands at 408,000. >>> there is new information tonight about an albany middle school teacher who killed himself after being accused of sex allegations. 28-year-old james isam saki killed himself in september after police arrested him and searched his home. since then there has been debate about the extent of the crimes. according to court documents unsealed today, he exchanged thousands of flirtatious messages with an under aged student along with open mouth kissing and fondling on campus. police say there were several victims. >>> police in mountain view have just released photos of an i.d. theft woman. the woman is impersonating a customer in downtown maintain view. the woman made unauthorized withdraws totaling $20,000. they are now asking for the public's help in identifing the woman. >>> we have new details about a 50-year-old woman who was shot and killed tuesday night while out on her bicycle near her
Dec 7, 2012 8:00pm PST
by superstorm sandy. a white house official says, the president has requested 60- point- four billion dollars. in a joint statement on the matter, governor andrew cuomo of new york and new jersey governor chris christie say, this money will help their states recover, repair, and rebuild. they also say, their request includes funding to invest in efforts to protect the region from impact of storms like sandy. both governors recently went to washington to lobby lawmakers for federal funds. >> a new jobs report shows. a big drop in the nations unemployment. last month, 146- thousand jobs were added in the u-s. right now, the unemployment rate is 7-point-7 percent. that number does not include people who have stopped looking for work. still - it is the lowest percentage in 4-years. kron 4's justine waldman has a closer look at employment growth here in the bay area. and shows us where the jobs are here >> according to the california employment development department. there are jobs in the bay area. you just need to know where to look. ruth kavanagh's job is to watch the job numbers. she tells me.
Dec 7, 2012 6:00pm EST
of water in that thing after superstorm sandy. i postponed giving him an answer because i hadn't looked at this company since it was spun out from itt last year. i always knew they had this great plumbing pipe division. xylem is an exciting pure play water company with products involved in the transportation, treatment of water. is there a way to play water? i'm using xylem from now on. this one sells water and waite water pumps along with filtration, disinfection, and biological treatment equipment primarily for utilities. stock's only up 3% for the year. but there's a reason. there's always a reason when the good ones aren't working. right? always a reason. and the answer is europe accounted for 37% of sales. >> the house of pain. >> yeah. that's last year. so we're concerned the weakness over there will dampen any positive effects from sandy. the president's asking for a huge ton of money now for sandy. if you want to own xylem i think you have to wait for a pullback maybe down to 24. that's a couple bucks below where it is now. but i am intrigued by this one. intrigued for certain.
Dec 7, 2012 2:00pm EST
to address the devastating impact that super-storm sandy had a run -- had on our regional transportation, the most widely new transportation network and unprecedented damage to our system and estimates of the damage have reached more than an $7 billion. across the regent, a train tunnels, stations, railyards all flooded with critical equipment ruined and some of that equipment, unfortunately, was barely know -- fairly new. these pieces of equipment have been rendered almost useless. we seem an almost incomprehensible of damage in this picture. a boat dragged across the new jersey transit tracks. roads and bridges were damaged, left littered with debris. the holland tunnel, a major commuter route facility, carries thousands of vehicles every day in new york city-owned it was flooded. the damage to our infrastructure did not just cause structural problems but it shut down a region. for many commuters, getting to work became a much longer, hardy was, and expensive experience. you can see why, from this picture at the hoboken have station. it's hard to believe the water was 6 feet high -- at
Dec 9, 2012 2:00pm EST
.3 billion in transportation-related damages due to superstorm sandy. of that total, the new york mta suffered about 5 billion in dages. it's huge. i never saw anything like it. we have the longest underground tunnel in the world in the brooklyn battery tunnel. i take it almost every day i'm in new york city because my home in brooklyn is connected to it. it was totally filled with water. both tubes, from one end to the other, from the manhattan end to the brooklyn end. ere were close to 100 million gallons of water that had to be pumped out of that tunnel and it's still not back up to snuff. that's one of many examples. there's so many. the mta did a very good job. i want to congratulate joe lhota. they moved their rolling stock to high ground. tried to barricade this awful flood in the best way they could. boy, it's awful. the mta is the largest public transportation system in the country. it's the life blood of new york. it's our circulatory system. 3.5 million people g on and off manhattan island every day to work. wow. 3.5 million people. i guess that's more than the people in mi